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De Beers marks time in DRC diamond exploration.

Publication: African Business
Publication Date: 01-MAY-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: De Beers marks time in DRC diamond exploration.(Mining)(Brief article)

Article Excerpt
De Beers has stopped diamond exploration in the Democratic Republic of Congo (DRC) as jewellery sales plunge worldwide in the economic slowdown.

According to Marie-Chantal Kaninda, DeBeers' head of administration in Congo, the DRC "remains highly prospective, but we cannot ignore the current global economic crisis". She adds, "When...

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